free market

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free market

n.
An economic market in which supply and demand are not regulated or are regulated with only minor restrictions.

free market

n
(Economics)
a. an economic system that allows supply and demand to regulate prices, wages, etc, rather than government policy
b. (as modifier): a free-market economy.

free′ mar′ket


n.
an economic market regulated by the forces of supply and demand.
[1905–10]

free market

Trade which flows freely between countries without barriers such as tariffs and quotas.
References in periodicals archive ?
Not surprisingly, the authors quickly conclude that free-market conservatism is the "belief structure most conducive to supporting political bubbles.
libertarians are the direct philosophical descendants of the classical liberals whose ideas have helped shape the American society in its early stages, so getting their intellectual support for free-market conservatism could provide a very useful legitimacy boost.
Prominent historian Paul Kennedy observes: "With 46 million people in America under the official poverty line, free-market conservatism as presently being preached doesn't seem to care about the poor.
Two general themes run through the book: One is that today's Latino immigrants aren't different from earlier immigrants, only newer; and the other is that an open immigration policy is not only compatible with free-market conservatism and homeland security, but it is also good for the economy.